Harris v. American General Finance Corp.

Mr. PRESIDING JUSTICE STENGEL

delivered the opinion of the court:

Plaintiffs Thomas and Lucille Harris and Frank Rosenberg, Inc., appeal from a judgment entered in favor of defendants Albert N. Ballard and John W. Cunningham after a bench trial in the Circuit Court of Tazewell County. The issues on appeal are whether defendants’ agent was authorized to negotiate a contract with the plaintiffs and whether a binding contract was created.

On February 18, 1971, Sayre & Fisher Corporation (hereafter referred to as S & F) agreed to pay the Harrises *1,306,000 in exchange for certain improved real estate…